Sega has confirmed that it has taken over the operations of Index Corporation, the Japanese parent company of video game publisher Atlus. Index filed for "Civil Rehabilitation" (the Japanese version of bankruptcy) in June of this year, after suffering heavy debts. Sega has acquired the company and Atlus, and has formed a new subsidiary to take over operations of the company, called Sega Dream Corporation (the name is tentative and will likely change at a later date).
The acquisition of Atlus gives Sega a whole portfolio of decent Japanese games franchises such as the popular Megami Tensei, Persona, and Etrian Odyssey franchise.
The deal is set to close by November 1. While Sega did not disclose how much it paid for Index, a Bloomberg report puts the deal somewhere in the neighborhood of $141 million.